Has Teleste collaborated with Huawei elsewhere than in Denmark a few years ago? I thought Huawei was mainly Teleste’s competitor outside the USA. In the USA, Teleste/Antronix’s competitors are Cisco, Casa, Arris, Harmonic, and there’s no Huawei collaboration. Correct me if I’m wrong.
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At one point, it was expected that Motorola would acquire Teleste. Since then, there has been talk that Nokia might acquire Teleste, and whether Teleste might potentially split. It remains to be seen if anyone will buy it, if Teleste will surge on its own, or what will happen. Has the CEO become a bit rigid in old patterns? Nevertheless, the ownership list has long included the same loyal owners.
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Little birds sang that the Littoinen factory premises are already being expanded with an eye on the conquest of the USA.
They would hardly embark on such an investment on a whim 
Oh, so they need to align the interests of key personnel and shareholders… oh for goodness sake, aren’t they already??
TELESTE ESTABLISHES NEW EQUITY-BASED LONG-TERM INCENTIVE SCHEME
The Board of Directors of Teleste Corporation has approved the establishment of a new equity-based long-term incentive scheme to be offered to the company’s key personnel.
Excerpt from the new incentive scheme:
The purpose of the scheme is to align the interests of key personnel with those of Teleste’s shareholders by creating a long-term share ownership interest for key personnel in the company and thereby increasing the company’s value in the long term, as well as to support a performance-based operating culture, commit key personnel to the company, and offer key personnel competitive performance-based compensation.
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Yeah, I haven’t been that way in a while. Are they physically building an extension there yet?
Of course, Nokia in Oulu is also dreaming of expanding with land reservations, even though it seems a bit strange with declining revenue.
I’ll correct my previous statement by saying that the expansion work will apparently begin this year.
Network Services seemed to have performed well despite Corona, once they finally got rid of the German business operations.
Teleste supplies passenger information system as-a-service together with JCDecaux to Tampere Tramway, a unique construction project in Finland, where building up new public transport infrastructure in the city sets high requirements for system operation and integration.
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More on the content of the agreement:
“Teleste will deliver and install 90 double-sided TFT LCD displays at the tramway stops and shelters, and take care of maintaining and upgrading the hardware throughout the seven-year agreement period. The agreement also includes deployment and maintenance of Teleste’s passenger information management software, which controls the delivery of information on displays. The system installations in the City of Tampere have begun in January 2021, giving a head start to Teleste’s passenger information system as-a-service offering.”
The good thing about this is that the construction of phase 2 of the tramway has begun (Keskusta-Santalahti-Lentävänniemi), so Teleste should receive a follow-up order within 2 years.
Well, the Tampere tram is a small project, but it’s nice for Teleste to install something in their home country as well.
And it’s a good reference, no doubt, and it will clarify how the technology works in -30 degrees Celsius.
And let’s hope that the cycle turnaround advertised by analysts is peeking through… At least the reports have been predicting a turnaround for a long time…
Press release
TURKU, FINLAND – 16 March 2021 – Teleste is to provide its on-board solution for Alstom’s Coradia Stream trains in Italy. The companies have agreed on the deployment of Teleste’s solution to 31 of Alstom’s trains with FERROVIENORD, which manages the railway network in the region of Lombardy. With an option for an additional 30 trains, the now-agreed deliveries will begin in 2021, and they will continue the collaboration between Teleste and Alstom that was launched under a platform agreement in 2017.
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Ok, good news that Teleste is getting business!
Corona vaccinations are starting to work and one day the trains in Lombardy will be full again!
However, this deal does not belong to the “technology cycle turnaround” series, waiting for those…
What is the euro limit for an order received by Teleste to warrant a stock exchange release? Is there one? Now this Alstom agreement was given as a press release, so it’s probably not significant in euros. I tried to find an answer to this on Teleste’s investor pages, but couldn’t find it.
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To my knowledge, the company has never stated the exact euro amount where the limit precisely lies. My own estimate is that the limit is somewhere between 1-2 MEUR. My understanding is that typically, deals for these video surveillance and passenger information systems are roughly from one million to a few million euros.
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Teleste got some of the money it lost in the embezzlement back as compensation. It was a surprise to me, at least, that anything was even recovered. 
Edit: From Teleste’s financial statements. “As of December 31, 2020, the Group had interest-bearing debt of EUR 31.0 (33.0) million. The Group’s cash and bank receivables amounted to EUR 20.2 (8.2) million. The Group’s equity ratio was 48.8% (49.5%) and net gearing was 17.0% (34.1%).”
The cash position was already in excellent condition after the sale of German operations. Now, an additional EUR 3.2 million in cold hard cash will be added. What does Teleste intend to do with approximately EUR 23 million in cash assets, given that the dividend to be distributed in April is not particularly large either? The company is now almost net debt-free!
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Well, 3.2 M€ is still 3.5% of the market value. The stock is currently from yesterday Today %
+2.64% 
It’s great that it’s finally getting resolved.
Of course, the taxman takes his share of this, so the increase is in line
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Korpimies has also continued to fuel Teleste on March 25 and March 26.
https://www.inderes.fi/fi/tiedotteet/teleste-oyj-johdon-liiketoimet-tianta-oy-5
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